Question

The receipt of dividends and interest from abroad as a result of ownership of foreign assets by a country's residents is recorded as what:____________.

Answer 1

Answer:

income-generating assets under the current account of the balance of payment.

Explanation:

Remember, the related term balance of payment refers to the calculation of a country's transactions at the international level for a specific period.

In other to determine the flow of money in and out of a country, the receipts from income-generating assets such as stocks (in the form of dividends) are thus recorded in the current account.